AGP Executive Report
Last update: 8 hours agoQatar Infrastructure Contract: Parsons won a three-year program and construction management contract for Lusail City’s infrastructure program north of Doha, extending its long-running relationship with Qatari Diar and covering design oversight, project controls, quality assurance and stakeholder coordination. UAE Fintech for SMEs: Fortis launched SmartPOS in the UAE, turning existing card machines into a cloud-connected POS for payments, sales tracking, inventory and loyalty—aimed at helping SMEs digitise without heavy back-office changes. UAE Startup Funding: Abu Dhabi’s Khalifa Fund named winners of its 2nd Entrepreneurship Competition, backing startups across agriculture, fintech, energy and tourism, including an AI dates-quality app and an investment-learning platform. AI + Fintech Acceleration: Emirates NBD partnered with Techstars to bring AI and fintech startups into enterprise pilots and scaling across compliance, wealth management, SME banking and capital markets. Iraq Industrial Financing: KEPPT hired J.P. Morgan to arrange development financing for a $1.6bn urea plant in Basra, targeting reduced import dependence and support for Iraq’s agriculture, with construction planned from 2027. Uzbek Banking Shift: Uzbekistan’s National Bank says reforms are pushing growth toward households and small businesses, with the lender positioning itself as a modern universal bank. South Africa SEZ Results: A World Bank study backed South Africa’s Special Economic Zones, citing R14.8bn revenue and 30,000+ jobs from operational zones, reinforcing the case for scaling.
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